Water and Power Community Credit Union
A cooperative, organized for the purpose of promoting thrift andsavings among its members, creating a source of credit for them at rates of interest set by the board of directors, and providing an opportunity for them to use and control their own money on a democratic basis in order to improve their economic and social conditions. As a cooperative, water & power community credit union conducts its business for the mutual benefit and general welfare of itsmembers with the earnings, savings, benefits, or services of the credit union being distributed to its members as patrons.
Water and Power Community Credit Union at a glance
In short: Water and Power Community Credit Union gave $8K across 1 grant in 2024 (avg $8K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $7,500
- -50.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $7,500
- -50.0% vs 2023
- Median grant
- $7,500
- Total assets
- $943,994,213
- -2.6% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Water and Power Community Credit Union funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $6K (2020) to $42K (2022). In 2024 it made 1 grant totaling $8K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $943,994,213 | $47,148,530 | $45,891,011 | $7,500 | 1 | $6,040,128 |
| 2023 | $969,595,009 | $45,747,261 | $40,260,217 | $15,000 | 1 | $6,382,666 |
| 2022 | $929,459,865 | $41,011,764 | $34,627,524 | $42,100 | 3 | $7,964,217 |
| 2021 | $950,835,528 | $29,022,780 | $28,515,283 | $6,000 | Total only | $3,264,474 |
| 2020 | $873,220,040 | $30,578,214 | $30,299,332 | $6,000 | Total only | $5,513,069 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Water and Power Community Credit Union
Based on IRS filings
Water and Power Community Credit Union is a public charity, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $944.0M in total assets. In 2024, it awarded 1 grant totaling $8K. Net investment income was $6.0M.
Leadership & Key People
Officers and directors from IRS filings
Water and Power Community Credit Union is led by Mike Tufegdzich, CEO since 2022 (on filings since 2020); 11 of 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Mike Tufegdzich
CEO
COO → CEO, 2022
On filings since 2020
43.7 hrs/week
$319K (2020) → $533K (2024)
Nora Yusa
Board Chairperson
Board Treasurer → Board Chairperson, 2021
On filings since 2020
2 hrs/week
No compensation reported
Theron Rucker
Supv Cmte Chairperson
Supv Cmte Member → Supv Cmte Chairperson, 2022
On filings since 2020
2 hrs/week
No compensation reported
Fadwa Knox
Director Lending
On filings since 2022
41.8 hrs/week
$147K (2022) → $164K (2024)
Jessica Ortiz
Senior Director of Compliance
Director of Compliance → Senior Director of Compliance, 2024
On filings since 2023
41.9 hrs/week
$165K (2023) → $183K (2024)
Italo Alvarado
Re Loan Officer
On filings since 2020
41.2 hrs/week
$142K (2020) → $154K (2024)
Luis Robles
Treasurer
On filings since 2020
43.1 hrs/week
$155K (2020) → $199K (2024)
Patrice Mustafa
COO Executive Vice President
Vice President of Sales & Member Experience → COO, 2022
COO → COO Executive Vice President, 2024
On filings since 2020
43.4 hrs/week
$156K (2020) → $327K (2024)
Felipe Castaneda
CFO
On filings since 2021
44.3 hrs/week
$35K (2021) → $326K (2024)
David Covell
CIO
Vice President Information Technology → CIO, 2024
On filings since 2022
40 hrs/week
$146K (2022) → $235K (2024)
Bruce Alan West Former
Cpo
New on the 2024 filing
21.7 hrs/week
$178K (2024)
Charles Jerome Woolen Former
Senior Manager People Operations
New on the 2024 filing
21.5 hrs/week
$180K (2024)
Kenneth Michael Grossman
Senior Manager Network Security
New on the 2024 filing
41.2 hrs/week
$179K (2024)
Belinda Walker
Board Treasurer
Assistant Treasurer → Board Treasurer, 2021
On filings since 2020
2 hrs/week
No compensation reported
Cynthia Meekins
Assistant Treasurer
Supv Cmte Chairperson → Supv Cmte Member, 2021
Supv Cmte Member → Assistant Treasurer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Gerard Watson
Assistant Secretary
Board Secretary → Assistant Secretary, 2021
On filings since 2020
2 hrs/week
No compensation reported
Gladys Berry
Board Secretary
Board Vice Chair → Board Secretary, 2021
On filings since 2020
2 hrs/week
No compensation reported
Salvador Mancilla
Supv Cmte Secretary
Supv Cmte Member → Supv Cmte Vice Chairperson, 2022
Supv Cmte Vice Chairperson → Supv Cmte Secretary, 2024
On filings since 2020
2 hrs/week
No compensation reported
Venest Henry-Evans
Board 1st Vice Chair
Board Chairperson → Board 1st Vice Chair, 2021
On filings since 2020
2 hrs/week
No compensation reported
Wing Wong
Supv Cmte Member
Supv Cmte Member → Supv Cmte Chairperson, 2021
Supv Cmte Chairperson → Supv Cmte Member, 2022
On filings since 2020
2 hrs/week
No compensation reported
Brian Lam
Board 2nd Vice Chair
Board Member → Assistant Treasurer, 2023
Assistant Treasurer → Board 2nd Vice Chair, 2024
On filings since 2021
2 hrs/week
No compensation reported
Emmajacky Magarin
Supv Cmte Vice Chairperson
Supv Cmte Member → Supv Cmte Vice Chairperson, 2024
On filings since 2023
2 hrs/week
No compensation reported
Former officers (12)
- Former: Celeste Zibelli (2020–2023) — Vice President of Markerting & Financial Services
- Former: Kenneth Michael (2022–2023) — Senior Manager Network Security
- Former: Bruce Alan West (2023) — Cpo
- Former: Eric Guerrero (2023) — Director Marketing
- Former: Barry Roach (2020–2022) — CEO
- Former: Craig Luna (2020–2022) — Board 2nd Vice Chair
- Former: Jaime Vasquez (2020–2022) — Vice President of It
- Former: Steven Starks (2020–2022) — Supv Cmte Member
- Former: Bridget Graham (2020–2021) — Vice President of Human Resources
- Former: Robert Bayliff (2021) — Financial Services Advisor
- Former: Allen Thephavong (2020) — Senior Marketing Technology Manager
- Former: Joanna Oliva (2020) — CFO
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $533K, to Mike Tufegdzich (CEO). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Water and Power Community Credit Union
How much does Water and Power Community Credit Union give each year?
Water and Power Community Credit Union gave $8K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $15K across 1 grant.
How large is Water and Power Community Credit Union?
Water and Power Community Credit Union reported $944.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $47.1M.
Where does Water and Power Community Credit Union operate?
Water and Power Community Credit Union has awarded grants in California.
What is Water and Power Community Credit Union's EIN?
Water and Power Community Credit Union's EIN (Employer Identification Number) is 95-0952237. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 3, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 31, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 2, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 3, 2025)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in California
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